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P.F. Chang’s China Bistro (NASDAQ: PFCB) owns and operates nearly four hundred restaurants split between its full-service P.F. Chang’s China Bistro brand and quick service Pei Wei brand. Both brands feature Asian cuisine, and the vast majority of the locations are located in the United States. The company has expanded abroad, as well as into [...]

A number of restaurant stocks are falling on heavy volume during Wednesday's trading session. Among the biggest losers are P.F. Chang's (NASDAQ: PFCB), Buffalo Wild Wings (NASDAQ: BWLD), BJ's Restaurants (NASDAQ: BJRI), and Panera Bread (NASDAQ: PNRA). P.F. Chang's (PFCB) has fallen 4.90% to $47.20. More than 730,000 PFCB shares have already changed hands compared to a daily average of 568,000. Buffalo Wild Wings (NASDAQ: BWLD) reported earnings yesterday after the closing bell. The...

P.F. Chang's China Bistro (NASDAQ: PFCB) is having coverage assumed by Jefferies with a Buy rating and $55 price target. Jefferies believes that P.F. Chang's is in the more mature phases of growth, the 200-unit company concept remains attractive with impressive unit volume averages and operating cash flows that fund development with ease. Traffic has been positive for six consecutive months, and Jefferies reports that Pei Wei has found its footing with its 167 units and solid sales...

Shares of P.F. Chang's China Bistro, Inc. (NASDAQ: PFCB) are lower on the session by 4.92%, currently trading at $45.39. The stock has been moving largely higher over the past three months, rising off of a low of $37.40; the stock encountered strong resistance at $48.00, though. Options traders are buying protection on the name today. Just a short while ago, the September $45.00 put was purchased 1,000 times, on the offer, on open interest of just 525 contracts. This signals new...

PF Chang's China Bistro Inc. (PFCB) is up more than 100% in the last 3 months in response to the company's strong first-quarter results and rising estimates. Company Description PF Chang's China Bistro, Inc. through its subsidiaries, owns and operates specialty restaurants in the United States. The company runs over 350 restaurants and has a market cap [...]

The less-worse trade is in the late innings.  We're at valuation levels where things have to start growing in order to maintain momentum in the stock. - Mitchell Speiser (subscription required), Analyst, Buckingham Research, who has a Sell rating on PF Chang's, quoted in "Is This Stock Overcooked? Restuarant stocks are getting frothy, perhaps none more than [...]

Last week I did some work on the casual restaurant chains, and their recent strong performance. This was posted over at Fund My Mutual Fund. For the full analysis of PF Chang's and others, head over there. The thesis here is that restaurants are boosting quarterly earnings by cutting costs and taking advantage of lower commodity prices and decreased analyst expectations. I just wanted to follow up a bit here as I read a Barron's Article this morning about PF Chang's. They are basically...

Todays open was uneventful until I could no longer short PFCB and then things became bad really fast. I started out the day shorting a couple of gapping stocks.  PFCB and IR and while they where both great my broker (IB) ran out of shares for me to borrow against PFCB and I watched it peak [...]